9 LED shares listed queuing who is "Invincible Eastern"

With the recent IPO stir, "new unbeaten on" like came back. Fu Xi disaster depends on the risk began to accumulate, please note that LED shares.

Some statistics, this year, China has at least 9 LED companies waiting to be listed. Public investors to carefully identify such listed companies, gold content, beware of falling LED so-called energy-saving environmental protection, new energy theme speculation trap.

The recent listing of LED, is listed in February 17th million run technology. Before the listing in November 25th last year, kingsun. The two companies are small and medium plate issue, and are underwritten by Guoxin Securities underwriting. While the gem Jufei, Riyadh LED the two companies, in the issuance stage.

Riyadh, CITIC underwriting, issuing 25 million shares, March 5th online purchase. Jufei Department of state securities underwriting, issue 20 million 460 thousand shares (including online, online purchase of 16 million 460 thousand shares) in March 9th; Riyadh issue price of 16 yuan RMB (hereinafter referred to as yuan), 2011 static price earnings ratio of 31 times, the net subscription only 5 times.

May wish to look at the already listed allring technology and photoelectric. Mason February 6th online purchase (total issued 22 million shares), while the ground is in November 16th last year (46 million 840 thousand of the total number of shares issued online purchase).

From the ground about 40000000 shares, about 10000000 shares to fly together. 4 recent LED new shares, the number of distribution showed a decreasing trend, reflecting the departure of pedestrians and underwriters cautious on the industry, the issue is not the end". The buyer's cautious attitude towards the industry. Good wine is not afraid of deep alley, "loser" can only sell less, sell cheaper, and in no other way.

From the institutional inquiry and Mason's view on the ground. Qinshang priced 24 yuan, 55 times the earnings release, the effective inquiry institutions 24, purchase multiples of 8 times; mason price 12 yuan, 30 times the earnings release, the effective inquiry institutions 12, purchase multiples of 7.75 times. From the ground to the mason, LED IPO price earnings ratio, purchase multiples "Davis double" (Riyadh is no exception), corroborated the judgment.

Qinshang and Mason are Guoxin Securities Underwriting, financial behavior inquiry institutions available for comparison. Interestingly, the effective inquiry institutions Qinshang, and Mason's not a coincidence.

That is to say, as strong as Guoxin Securities that the seller agent, it is difficult to "talk" with a buyer of two LED shares offer. LED enterprises' marriage difficult, is an indisputable fact.

Primary market next, there are a number of LED companies waiting to issue. The gem of the rectangular lighting, Guoxin Securities Underwriting, intends to issue 27 million shares; gem Jiawei lighting, Guotai Junan Securities Underwriting, intends to issue 35 million shares; optical distance of the gem, Ping An securities underwriting, intends to issue 15 million shares. All three have passed, waiting for the lion's mouth".

Now the LED companies listed boom, reminiscent of the year of polycrystalline silicon. With the sharp decline in international market demand, polysilicon prices plummeted, polycrystalline silicon listed companies have become a problem.

LED has been to a listed company research, the plant is very beautiful, but technically pointing to several imported equipment live. To be honest, most of the mainland related LED enterprises in the downstream industry chain. Play big, by MOCVD import government subsidies, government orders, small scale can only fight a price war.

When the dividend policy disappears, there is no resources, technology, intellectual endowment LED listed companies, leaving the public investors can only be sad pacific. Prudential or avoid the purchase of new shares LED, even if it is nonsense, playing the capital to be cautious.